Tag Archive | "Chuck Schumer"

Nationalize Banks or Privatize Congress?

Nationalize Banks or Privatize Congress?

With all the speculation on a government takeover of the banking industry, including Alan Greenspan’s statement that “the U.S. may have to temporarily nationalize some banks until the industry is restructured,” we should do some serious soul searching. America has a long tradition of respecting property rights and restricting government power from the private domain. Overt nationalization would be unconstitutional, but change is in the air… Continue Reading

Posted in Economics, PoliticsComments (3)

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